EURCAD - 4hr chart short-term bullish pressure
Please refer to text on the chart.
EURCAD has had a massive sell off with almost no bounce. This must have exhausted many sellers. Now that price has its first bullish retracement and is holding near the highs, bullish momentum is likely to continue. Should the price continue, the R/R on the trade will be very favorable.
** Remember, we do not attempt to predict the future. We simply react to current price movements based on our interpretations of past data.
EURCAD has had a massive sell off with almost no bounce. This must have exhausted many sellers. Now that price has its first bullish retracement and is holding near the highs, bullish momentum is likely to continue. Should the price continue, the R/R on the trade will be very favorable.
** Remember, we do not attempt to predict the future. We simply react to current price movements based on our interpretations of past data.
交易結束：達到停損點
Stopped out for a small loss but still bullish on the set up overall. Will wait for another consolidation to appear for long entry.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。